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Consumer Trends for 2025 Focus on Festivals, AI and Self-Discovery, Shinhan Card Reports

Consumer Trends for 2025 Focus on Festivals, AI and Self-Discovery, Shinhan Card Reports

SEOUL, Jan. 17 (Korea Bizwire) — Shinhan Card, a major South Korean credit card company, unveiled ‘REVIVE’ as its consumer trend keyword for 2025 on January 16, based on an analysis of customer spending and social media data.  The REVIVE framework encompasses six key trends: Redefine Festivities, Exploring Identity, Virtual Companions, Integrated Contents Commerce, Value of [...]

LG Display Unveils New 4th-gen OLED Panel for AI TVs

LG Display Unveils New 4th-gen OLED Panel for AI TVs

SEOUL, Jan. 16 (Korea Bizwire) — LG Display Co. on Thursday unveiled its new fourth-generation organic light-emitting diode (OLED) panel designed for artificial intelligence (AI) TVs as part of its push to lead the premium screen market. The new OLED panel boasts improved image quality with higher brightness and enhanced energy efficiency, ideal for power-intensive [...]

South Korean Broadcasters Sue Naver Over Unauthorized AI Use of News Content

South Korean Broadcasters Sue Naver Over Unauthorized AI Use of News Content

SEOUL, Jan. 14 (Korea Bizwire) — South Korea’s three major terrestrial broadcasters—KBS, MBC, and SBS—have filed a lawsuit against tech giant Naver for unauthorized use of their news articles in training its generative artificial intelligence models, HyperCLOVA and HyperCLOVA X. This marks the first legal action by South Korean media outlets against a big tech [...]

SK Telecom Launches Nvidia Chip-based AI Cloud Service

SK Telecom Launches Nvidia Chip-based AI Cloud Service

SEOUL, Jan. 13 (Korea Bizwire) — SK Telecom Co., South Korea’s major telecommunications company, said Monday it has launched an artificial intelligence cloud service based on Nvidia Corp.’s graphic processing unit (GPU) in cooperation with U.S. cloud computing firm Lambda. The newly launched GPU-as-a-service (GPUaaS) is based on Nvidia’s H100 chip, currently the most advanced [...]

Hyundai Motor Group Partners with Nvidia to Develop AI Solutions for Future Mobility

Hyundai Motor Group Partners with Nvidia to Develop AI Solutions for Future Mobility

SEOUL, Jan. 10 (Korea Bizwire) — Hyundai Motor Group said Friday it has formed a strategic partnership with Nvidia Corp. for the development of advanced artificial intelligence (AI) technologies related to future mobility. Through the partnership signed in Las Vegas on Thursday (local time), the group plans to enhance key mobility solutions, including those for [...]

Samsung’s Harman Unveils ‘Automotive Intelligence’ Technologies

Samsung’s Harman Unveils ‘Automotive Intelligence’ Technologies

LAS VEGAS, Jan. 8 (Korea Bizwire) — Harman International, a wholly owned automotive and audio subsidiary of Samsung Electronics Co., on Wednesday unveiled its new “automotive intelligence” technologies at CES 2025, aiming to deliver personalized in-cabin experiences through advanced intelligence and contextual awareness. “The automotive industry is rapidly transitioning to software-defined vehicles, with cars evolving [...]

South Korea’s 2025 Consumer Trends Highlight Survival, AI, and K-Culture

South Korea’s 2025 Consumer Trends Highlight Survival, AI, and K-Culture

SEOUL, Jan. 8 (Korea Bizwire) — The Korea Chamber of Commerce and Industry (KCCI) unveiled its 2025 Retail Industry White Paper on January 7, identifying “S.N.A.K.E”—Survival, Next, AI, K-Culture, and Economical Consumption—as the year’s key consumer market trends. Survival in a Stagnant Market With global economic challenges and stagnating consumer markets, competition for limited spending [...]

SK Telecom to Launch Beta Service of AI Agent for N. America in March

SK Telecom to Launch Beta Service of AI Agent for N. America in March

LAS VEGAS, Jan. 7 (Korea Bizwire) — SK Telecom Co. said Tuesday it will begin a beta service of its artificial intelligence agent “aster” in March, targeting North American customers. The company opened beta registration for aster during CES 2025, which kicked off Tuesday for a four-day run in Las Vegas. SK Telecom said the [...]

LG Electronics Partners with Microsoft for AI Innovations

LG Electronics Partners with Microsoft for AI Innovations

LAS VEGAS, Jan. 6 (Korea Bizwire) — LG Electronics Inc. on Monday announced a strategic partnership with Microsoft Corp., aiming to lead artificial intelligence (AI) innovations by combining its customer insights from various devices and spaces with the U.S. tech giant’s advanced AI technologies. Under the partnership, the two companies will collaborate on the development [...]